The tax policy cycle is made up of the Chancellor’s Budget, Finance Bill, Autumn Statement and Finance Bill Draft Clauses. Although it can vary, in general policies take around 16 months from announcement (at Autumn Statement or Budget Day) through to Finance Act which means there is often scope to input into the consultation process.
KPMG insights and commentary on the tax policy cycle will be uploaded to this page and refreshed throughout the cycle. A commentary document will be produced for the Chancellor’s Budget, Autumn Statement and Finance Bill Draft Clauses. The next major policy event is the Autumn Statement which is being held on 3 December, followed by the publication of Draft Clauses for Finance Bill 2015 on 10 December.
If you have any comments, please speak to the relevant contact on the individual policy documents, or if you have a general enquiry, please let us know.